NOT LISTED FOR SALE

500 S Ionia St Albion, MI 49224

-- Bed
-- Bath
-- Sq Ft
0.42 Acres

Last Sold February 11, 2016

Last sale price $126,000

291 Days on Market

About This Home

As of February 2016

This 6 possible 8 unit is a great money maker and fully rented. City of Albion all unites in great shape.

Last Agent to Sell the Property

Jeff Redman

Home 1st Real Estate License #6501383052 Listed on: 03/12/2015

Last Buyer's Agent

Jeff Redman

Home 1st Real Estate License #6501383052 Listed on: 03/12/2015

Property Details

Property Type

  • Other

Year Built

  • Built in 1960

Lot Details

  • 0.42

Home Design

  • Brick Exterior Construction
  • Stucco

Utilities

  • Forced Air Heating System
  • Well
  • Septic System

Additional Features

  • Crawl Space
  • 0.42 Acre Lot

Community Details

  • Operating Expense $11,594
  • Net Operating Income $28,169

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Property Type

Other

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement: Crawl Space, Slab

Exterior Features

  • Construction Materials: Brick, Stucco
  • List Price: 135000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Size Sq Ft: 18295.2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 28168.91
  • Operating Expense: 11593.9

Tax Info

  • Tax Annual Amount: 3819.09

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2016 02/11/16 Sold $126,000 -- --
12/28/2015 12/28/15 Pending -- -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21035080

Southwestern Michigan Association of REALTORS®